Land Bridging Finance
Bridging finance can be used to buy residential property, commercial property or land. Individuals or small, medium or even large companies often use bridging finance to secure a bargain plot for development. Once all the correct permissions are obtained and a plan formulated we can also help in obtaining development finance for the land possibly in the form of a self-build mortgage which can be used to repay the bridging finance and fund the building project.
Purchase of a building plot or land (with or without planning permission) using bridging finance
A plot of land has been placed for sale and you would like to build on the land for either investment or personal use. A bridging loan can be used to purchase the land before planning permission is obtained and once this has occurred, either a self build mortgage, further bridging or your own funds can be used to build the property.